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timama [110]
4 years ago
13

Wilson was an agent of Noland. Peterson did not know Wilson was Noland's agent; Peterson did not know Wilson was anyone's agent.

(Noland did not want anyone except Wilson to know of the agency). Wilson caused Peterson to suffer significant damages. Noland did not breach a duty of care either with respect to hiring or retaining Wilson. Within the time set by the applicable statute of limitations, Peterson sues Noland, seeking compensation for her damages. Peterson cannot show that Wilson owed her a duty of care. Will Peterson prevail?
Business
1 answer:
Sladkaya [172]4 years ago
7 0

Answer:

No Peterson will not prevail.

Explanation:

In this scenario as at the time of the injury Peterson did not know that Wilson was an agent of Noland.

Duty of care is the obligation that one has to ensure the safety of another person. For example an employer that has a duty of care to protect his employee.

Noland did not have a duty of care to Wilson, and Wilson in turn did not have a duty of care to Peterson.

So Peterson will not be able to prove a breach of duty of care. She cannot sue Noland for compensation for her damages

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Equilibrium price is $10 in a perfectly competitive market.For a perfectly competitive firm,MR = MC at 1,200 units of output.At
White raven [17]

Answer:

A) shut down; losses; $15,600

Explanation:

A perfect competition is characterised by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry. Firms earn zero economic profit in the long run.

If in the short run, price is less than average variable cost, the firm should shut down. In this question, price ($10) is less than average variable cost ($18). The firm should shut down in the short run.

Profit or loss = Total revenue - Total cost

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I hope my answer helps you

8 0
3 years ago
ABC Company’s budgeted sales for June, July, and August are 15,600, 19,600, and 17,600 units, respectively. ABC requires 30% of
igor_vitrenko [27]

Answer:

= $52,050

Explanation:

First, the question is as follows:

Calculate the number of pounds of raw material to be purchased in June

Solution

Step One: We determine what was produced in June and in July  as follows

Budgeted Production = Budgeted sales + The desired closing inventory of finished products - the estimated opening inventory of finished products

  • Budgeted Production in June= $15,600 +  (0.3 x 19,600) - $4,680 (This is the ending inventory figure from May) = $16,800
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Step 2 : Determine the Purchased raw materials for June

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= 50,400 + $14,250 - $12,600 = $52,050

4 0
3 years ago
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Market segmentation is the process of dividing a market of potential customers into groups, or segments, based on different characteristics. The segments created are composed of consumers who will respond similarly to marketing strategies and who share traits such as similar interests, needs, or locations.

Market segmentation is the term for aggregating prospective buyers into groups that have common needs and will respond similarly to a marketing action.

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3 years ago
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kicyunya [14]

Answer:

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7 0
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leva [86]

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